Community finance is a term used to describe a means of obtaining capital for individuals, non-profit organisations and social enterprises, enabling them to achieve their goals.

The aim is for communities and individuals to help each other to find innovative financial solutions in situations where traditional financial options may be inaccessible or inappropriate.

In this section you will find current news, resources and other information on the topic of community finance.

Below are a number of useful websites you can visit to find out more about community finance solutions.

No Interest Loans Scheme (NILS)

NILS is a micro-finance scheme for people on low income. Small loans are available for household goods such as a fridge or washing machine.

StepUP loans

StepUP is an extension of the NILS scheme. It provides an actual bank loan at a discounted interest rate for people on low income.

AddsUP Matched Savings Plan

The AddsUP saving scheme further is available to people who have successfully complete either the NILS or Step Up scheme. The scheme provides up to dollar for dollar matching of saving.

Two new Good Money community finance stores will respond to the increasing need for access to fair and affordable financial services for Queenslanders on low incomes. The stores are a three-way partnership between Good Shepherd Microfinance, the National Australia Bank (NAB) and the Queensland...
""
nib foundation's Community Grant program aims to support locally-based initiatives which will make a positive difference to the health and wellbeing of Australian communities, with a focus on the health of young people, and carers. A Community Grant round is held each year and applications are...
MORE support has been announced for financial counselling in drought-stricken regions in Queensland. An extra $730,000 in funding has been provided for Rural Financial Counselling Service (RFCS) providers in Queensland to continue to help farmers battling drought across the State. Times of drought...
NILS logo
Good Shepherd Microfinance have produced a short introduction to the No Interest Loan Scheme (NILS). The No Interest Loan Scheme (NILS) provides individuals and families on low incomes with access to safe, fair and affordable credit. Loan amounts are between $300 – $1,200 for essential...
A Consortium comprising Foresters Community Finance, Positive Solutions and QUT Creative Enterprise Australia (CEA) is working with Arts Queensland to lead the way with a new arts fund that mixes public and private investment. Today Arts Minister Ian Walker launched the Arts Business Innovation...
Good Shepherd Microfinance and the Suncorp group are creating a corporate community partnership committed to developing insurance products specifically tailored to the meet the needs of people on low incomes. The home and contents insurance products, under the brand ‘Good Insurance’, will be...
Good Shepherd Microfinance has produced The Microfinance, Inclusion and Economic Growth Report. The report found that if just 7% of Australia’s financially excluded were able to improve their wealth position, the nation’s annual gross domestic product (GDP) could increase by a staggering $19.7...

Pages

Your search yielded no results

There may not be any content with your search criteria.

  • Check if your spelling is correct.
  • Remove quotes around phrases to search for each word individually. bike shed will often show more results than "bike shed".
  • Consider loosening your query with OR. bike OR shed will often show more results than bike shed.

See videos from StudioQ related to this topic

Share or Print